PTT Global Chemical Balance Sheet Health
Financial Health criteria checks 1/6
PTT Global Chemical has a total shareholder equity of THB298.8B and total debt of THB277.5B, which brings its debt-to-equity ratio to 92.9%. Its total assets and total liabilities are THB720.0B and THB421.1B respectively. PTT Global Chemical's EBIT is THB19.4B making its interest coverage ratio 2.2. It has cash and short-term investments of THB32.0B.
Key information
92.9%
Debt to equity ratio
฿277.55b
Debt
| Interest coverage ratio | 2.2x |
| Cash | ฿31.96b |
| Equity | ฿298.83b |
| Total liabilities | ฿421.14b |
| Total assets | ฿719.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGCP.F's short term assets (THB172.0B) exceed its short term liabilities (THB104.0B).
Long Term Liabilities: PGCP.F's short term assets (THB172.0B) do not cover its long term liabilities (THB317.2B).
Debt to Equity History and Analysis
Debt Level: PGCP.F's net debt to equity ratio (82.2%) is considered high.
Reducing Debt: PGCP.F's debt to equity ratio has increased from 34.9% to 92.9% over the past 5 years.
Debt Coverage: PGCP.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PGCP.F's interest payments on its debt are not well covered by EBIT (2.2x coverage).